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Franklin Town 02038
1 Marks Way
Photo of 1 Marks Way
Sold on Jul 30, 2008

1

Map

$287,000
● House - Off Market

1 Marks Way

Franklin, MA 02038
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,300 Ft²
$604,963
RealtyHop Estimate
89.11%
Since Aug 1, 2008
National-US
Primary Model

About This Property

Adorable home in Beaver Court subdivision at the end of cul de sac, 3 good sized BR, FP Living Room, Eat in Kitchen and Formal DR. 1.5 Baths. Laundry in basement and one more finished playroom.Fenced private back yard with storage shed.Huge deck off of kitchen for great summer fun. Nicely landscaped and in great move in condition. Conveniently located close to RT495. Call us for a showing. You may fall in love with this home!
Unit Size
1,300 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$246
Property Type
House
Property Taxes
$259
HOA Dues
-
Year Built
1994

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (MLSPIN #70743372)

Price History

Date / Event Date Event Price
Jul 30, 2008 Sold
Premium
Sold
Apr 13, 2008 Listed $319,900
Listed
Sep 28, 2001 Sold
Premium
Sold
Jun 15, 2001 Listed $234,900
Listed

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 624
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,693
  • Total Building Area: 1,300
  • Gross Building Area: 2,186
  • Building Area: 1,300
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,300
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000131
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Franklin School District
  • Census Tract: 442104

Geography

  • Account Number: 83-080
  • Parcel: FRAN M:269 L:076
  • Lot: 76
  • Municipality: FRANKLIN
  • Latitude: 42.0898
  • Longitude: -71.4078

    Address

  • Full Address: 1 Marks Way
  • Address - House Number: 1
  • Address - Street Name: Marks
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Franklin
  • Carrier Code: C031
  • 4-Digit Zip Code: 1861
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $587,700

    Appraisal Valuation

  • Standard Deviation: 0.1563
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 533,580
  • High Value: 616,991
  • Low Value: 450,168

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $498,500
  • Assessed Land Value: $219,500
  • Assessed Improvements Value: $279,000

    Sales

  • Current Sale Recording Date: Jul 30, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 73266
  • Previous Sale Recording Date: Sep 28, 2001
  • Previous Sale Amount: $234,900
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Franklin Town

Stats & Trends

Median Asking:

$699,000

Sale Price/ft²

$336

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2076 ft²

Average Home Age

52.3 years

Currently For Sale

47 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70743372

Frequently Asked Questions

When was property at 1 Marks Way built and last sold?
The property at 1 Marks Way was built in 1994 and last sold on Jan 1, 1970 for $287,000.
How much is this home worth?
The estimated value of the home located at 1 Marks Way is $324,954.
What are some comparable homes to 1 Marks Way?
There are currently no comparable homes to 1 Marks Way.
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